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Dec 26, 2012
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they say higher taxes are grover norquist fault. he has not come to the table or been willing to negotiate. he is the person who forced members of the house of representatives to say no more taxes. what do you say? >> first of all, as you know, from congress to the senate and people in his or her state -- this pledge is protecting american people through tax increases. we haven't had a republican republican vote for a tax increase in 22 years. that has really slowed down the growth of government from what it would've been otherwise. now, obama comes in and wants to spend more and raise taxes. republicans are saying no. we would have a problem if obama hadn't increased the budget by a trillion dollars more a year. gerri: let's face it, whether you're talking about stimulus spending, obamacare, that's3 going to go through the roof, the things that you're going to pay for all this with higher taxes is lunacy, to say the least. on that note, we're going to have to leave it there. thank you for coming, grover. we hope to see you in the n
they say higher taxes are grover norquist fault. he has not come to the table or been willing to negotiate. he is the person who forced members of the house of representatives to say no more taxes. what do you say? >> first of all, as you know, from congress to the senate and people in his or her state -- this pledge is protecting american people through tax increases. we haven't had a republican republican vote for a tax increase in 22 years. that has really slowed down the growth of...
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Dec 26, 2012
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. >>> the president's reported i get that for free comment not sitting well with grover norquist who joins us now. let me stay on this other thing, they've known a couple days the president would like likely life hawaii and dropped into washington, d.c. and save america from the fiscal cliff. how does the president win this optics war, grover? >> well, it's all politics. he's not put a proposal on the table that makes any sense. when talk about plans a, b, and c, the republicans have passed plan a, the ryan bill, ryan budget and plan. that saves $6 trillion over the next decade. it reforms entitlements. it reforms taxes. doesn't raise them, reforms them without raising taxes on people. so that's a plan that's written down that's passed the house of representatives and has strong support among republicans in the senate. the alternative is nothing. >> we know that's not going to pass the senate and we also know the white house isn't going to sign that. move on. my contention is after -- >> allow me. >> work with me. it's an important question. let's say president obama says we're going
. >>> the president's reported i get that for free comment not sitting well with grover norquist who joins us now. let me stay on this other thing, they've known a couple days the president would like likely life hawaii and dropped into washington, d.c. and save america from the fiscal cliff. how does the president win this optics war, grover? >> well, it's all politics. he's not put a proposal on the table that makes any sense. when talk about plans a, b, and c, the republicans...
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Dec 26, 2012
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norquist. you signed the pledge not to sign taxes. >> i did. >> he supported speaker boehner's plan "b" and said it wouldn't violate his pledge. here's what he told us earlier this week. listen. >> i think in fact, plan "b" is a good step to protecting tax cuts for everybody. >> if you look at current law, current law says as we all know, part of the fiscal cliff '01, '03 tax relief measures will expire on january 1st. at this point, everybody's taxes go up. we all know that. we all want to forestall that. >> how high are you willing to go? if not a million, than what? >> well, let's bear in mind that every new tax burden we apply has consequences for the real economy and for growth, so the very west thing we could do, the very best thing we could do is we're not increasing taxes -- are you don't want to agree to that? >> exactly. i would imagine we're going to work our way and make the threshold. if that's where people have to go, we'll make the threshold as high as we can. because the more re
norquist. you signed the pledge not to sign taxes. >> i did. >> he supported speaker boehner's plan "b" and said it wouldn't violate his pledge. here's what he told us earlier this week. listen. >> i think in fact, plan "b" is a good step to protecting tax cuts for everybody. >> if you look at current law, current law says as we all know, part of the fiscal cliff '01, '03 tax relief measures will expire on january 1st. at this point, everybody's taxes...
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Dec 26, 2012
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norquist, a very bright guy still resolutely saying a pledge is a pledge is a pledge, it cannot be broken when many of your own party are now saying you know, what it doesn't make sense to have this irresolute position anymore. >> two things, the pledge is not for life. but everybody who signed the pledge, including peter king, who tried to weasel out of it -- shame on him as the "new york sun" says tonight. i hope his wife understands commitments last a little longer than two years or something. >> whoa, hang on, hang on. that was a bit below the belt, grover. >> hey furks think a commitment is not for as long as you make it it for, the commitment for the pledge as peter king well knows when he signed it is as long as you're in congress you will reign in spending and reform government, not raise taxes. it not for 500 years or two generations. it's only as long as you're in the house or the senate. if he stayed too long, that's his problem. but you don't tell the bank, other, the mortgage, wasn't that long time ago? if you make a commitment, you keep it. >> coming up, was mitt romney done
norquist, a very bright guy still resolutely saying a pledge is a pledge is a pledge, it cannot be broken when many of your own party are now saying you know, what it doesn't make sense to have this irresolute position anymore. >> two things, the pledge is not for life. but everybody who signed the pledge, including peter king, who tried to weasel out of it -- shame on him as the "new york sun" says tonight. i hope his wife understands commitments last a little longer than two...
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Dec 26, 2012
12/12
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norquist or americans for tax reform, they will have a tax cut. i think people have been thinking all along that really if push comes to shove, we'll do it in the new year and that seems to be what's developing. >> it creates an interesting dynamic, you'd have a new congress sworn in on january 3rd and ordinarily everyone goes home, get your picture taken, that's it. you're essentially swearing in a new congress and moving to the floor. that's something we haven't seen in quite a while, i'd say in the modern era. >> one of the odd things on the first day is elect a speaker. the majority party puts up -- this time it would be john boehner. the minority puts up their chosen leader, this time nancy pelosi. it's usually pro forma, but this time it has a real weight to it, because one of the reasons we're in this situation right now is because we're waiting for john boehner to be reelected to speaker of the house before they make a move, because only if 16 or 17 republicans don't vote for the guy, he could lose. they just want to wait. >> that's, i thi
norquist or americans for tax reform, they will have a tax cut. i think people have been thinking all along that really if push comes to shove, we'll do it in the new year and that seems to be what's developing. >> it creates an interesting dynamic, you'd have a new congress sworn in on january 3rd and ordinarily everyone goes home, get your picture taken, that's it. you're essentially swearing in a new congress and moving to the floor. that's something we haven't seen in quite a while,...
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Dec 26, 2012
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>> about this, grover norquist to talk about it. >> love him. >> he's got to be annoyeded. >> on where is the commonground. >> thank you, ger. crude at $90.98 a barrel, up $2.37 a barrel. weaker dollar adding to that too. you saw the pictures on the eastern sea board, middle east headlines pushing prices higher. reports say that iraqi kurds suspended production by 180,000 a day. that's going to be bullish news there on the price of crude. >> a lot going on, and not all the fiscal cliff i should say, thankfully. what it means for you and your taxes. you got to hear this. >> forget holiday cheer, the top box office winners ahead. as we do every day at this time, favorite time of the day, the bond yield. there's the ten year. the perceived security of u.s. debt, the long bond. back in a moment. ♪ >> here's your fox business brief. well, more good news for recovery in the housing market in october. the latest index shows prices in the 20citi watt group, 23% year over year. chicago and new york the only cities with annual negative returns. there's a deal with walmart to build gas stations
>> about this, grover norquist to talk about it. >> love him. >> he's got to be annoyeded. >> on where is the commonground. >> thank you, ger. crude at $90.98 a barrel, up $2.37 a barrel. weaker dollar adding to that too. you saw the pictures on the eastern sea board, middle east headlines pushing prices higher. reports say that iraqi kurds suspended production by 180,000 a day. that's going to be bullish news there on the price of crude. >> a lot going on,...
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Dec 26, 2012
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he took the grover norquist pledge. he did all the things that were required of a potential republican nominee. but in each of those steps, he made it harder for him to win a general election. and he brought to this some strengths. the other thing that will the president four years ago was that romney was the likely nominee because i believe in the theory of opposites. whoever the incumbent is, people are looking for the brevity, not the replica. and romney would represent a stark difference from obama, a businessman, grounded, not a visionary, not an order for. >> so you thought he would be the nominee. you thought that through the whole entire primary process? >> i had a few moments of doubt, as i suspect he may have. but he got to those moments was to do what i said, to move to the right. with each step, i think he made himself more vulnerable. in the abstract, his profile as a businessman will stay positive, even until the final day. it was the concept of a businessman who knows how to create jobs and so on. that wa
he took the grover norquist pledge. he did all the things that were required of a potential republican nominee. but in each of those steps, he made it harder for him to win a general election. and he brought to this some strengths. the other thing that will the president four years ago was that romney was the likely nominee because i believe in the theory of opposites. whoever the incumbent is, people are looking for the brevity, not the replica. and romney would represent a stark difference...
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Dec 26, 2012
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he took the grover norquist pledge. he did all the things that were required of a potential republican nominee. but in each of those steps, he made it rder for him to win a general election. and he brought to this some strengths. the other thing that will the president four years ago was that romney was the likely nominee because i believe in the theory of opposites. whoever the incumbent is, people are looking for the brevity, not the replica. and romney would represent a stark difference from obama, a businessman, grounded, t a visionary, not an order for. >> so you thought he would be the nominee. you thought that through the whole entire primary process? >> i had a few moments of doubt, as i suspect he may have. but he got to those moments was to do what i said, to move to the right. with each step, i think he made himself more vulnerable. in the abstract, his profile as a businessman ll stay positive, even until the final day. it was the concept of a businessman who knows how to create jobs and so on. that was thei
he took the grover norquist pledge. he did all the things that were required of a potential republican nominee. but in each of those steps, he made it rder for him to win a general election. and he brought to this some strengths. the other thing that will the president four years ago was that romney was the likely nominee because i believe in the theory of opposites. whoever the incumbent is, people are looking for the brevity, not the replica. and romney would represent a stark difference from...